Role Summary:
The Senior Audit Manager for Markets and Investment Banking Auditor will work closely with senior audit leadership to assess, monitor, and evaluate the internal controls and risk management framework across Cantor Fitzgerald’s markets and banking operations. The person will be mainly responsible for performing and/or managing the business, regulatory, compliance and operation audits in accordance with the Internal Audit (IA) Plan. The role is also expected to assist in the annual risk assessment process and lead/manage department initiatives and special projects. Write and/or review detailed audit programs to test the processes and internal controls, document findings and liaise with the auditees, senior management and other stakeholders to confirm the accuracy of observations and agree upon action plans. Write and/or review clear, concise and persuasive audit reports and other documents summarizing level of risk, scope, findings, recommendations, and the current status of the issues.
Cantor Fitzgerald, a global investment bank that provides fixed income, equity capital markets, prime, asset management, advisory and investment banking products, services, and technology solutions. Cantor is affiliated with BGC Group Inc (NASDAQ: BGC) is a leading global marketplace, data, and financial technology and services companies for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. It is also affiliated with Newmark Group Inc (NASDAQ: NMRK) which provides commercial real estate, brokerage, advisory, property management, valuation, leasing, technology and other financial and real estate-related services to large institutional investors, global corporations, and other owners and occupiers. These firms combined are also publicly known as Cantor Fitzgerald Group of Companies, and as part of the global Internal Audit team covering the Group, the individual might also be exposed to engagements involving these other businesses.
ResponsibilitiesMajor Responsibilities:
To support the IA function in providing management and the Board with an independent assessment of the adequacy and effectiveness of the Firm’s processes for controlling its activities and managing its risks. The role is expected to work with the Global IA in accomplishing the following:
Perform risk-based audit work, including detailed walkthrough meetings, documentation review, and testing of operating design and effectiveness. Validate data and analysis for accuracy in line with the audit strategy.
Manage the work of project-specific teams and provide supervision and direction.
Validate issues with auditees and liaise with management in proposing action plans to address the audit findings. Draft complete audit reports as final deliverables.
Ensure that audits are delivered on time and to a high standard.
Provide timely feedback to the Director and Head of Internal Audit on audit progress and deliverables.
Utilize relationship management skills to build business relationships with audit clients.
Manage and execute special projects as required.
Agree the process and approve sign off of agreed IA actions
Key Contacts and Working Relationships:
Establish and maintain relationships with key stakeholders within the Firm.
Liaise with Front Office, Compliance, Financial Crime, Risk and Operational Functions to ensure clear understanding of the audit scope, issues and action point(s) required to address the findings.
Director of IA and Head of IA for EMEA & APAC
Global Head of IA (as needed)
Skills:
Minimum of 7 years’ experience of performing regulatory and compliance/financial/operational audits.
Strong analytical and investigation skills.
Excellent verbal and written communication skills. Strong project management skills and with supervisory experience leading small to medium size teams of auditors.
A mix of Internal Audit, Compliance, Risk Management and/or consulting experience. Experience with Investment Banking activities desired.
Be able to hold meetings with management independently or drive the conversation to obtain audit results.
Ability to follow directions and receive constructive feedback on work products submitted for review.
Experience with automated internal audit workpaper solutions (GRC tools)
Education/ Experience Requirements:
Bachelor’s degree in Accounting or Finance preferred.
One or more certifications (e.g., CPA, CIA, CAMS) and/or graduate degree preferred.
Minimum 7 years' prior experience working Internal Audit within Financial services.
